431:14-116

Assigned risks

[§431:14A-116] Wilful misrepresentation and fraud. (a) Any person who wilfully makes a false statement or representation for the purpose of directly obtaining any compensation or payment or for the purpose of avoiding any compensation or payment under this article shall be subject to the penalties in section 386-98.

(b) The company shall develop and implement a program to identify and investigate fraudulent insurance acts. [L 1996, c 261, pt of §2] the commissioner; provided that this section shall not apply to workers’ compensation insurance after December 31, 1996, or the date the domestic mutual insurance company established pursuant to [section] 431:14A-103 writes its first policy, whichever is later. [L 1987, c 347, pt of §2; am L 1996, c 261, §3]

Note

For contingent repeal and reenactment, see L 1996, c 261, §10.

Cross References

Discontinuation of assigned risks, see §431:14A-119.